MYANMAR DEVELOPMENT FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Christopher Thant

Phone

6465375955

Tax Period

2023-02-01 to 2024-01-31

MYANMAR DEVELOPMENT FOUNDATION INC, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $9K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 14% operating deficit.

Mission

1. To provide knowledge training and proper educational guidance - such as vocational trainings, IT, and ethical development. 2. To provide foods, educational materials, and medical aids for those who are in need 3. To help people and community redevelopment because of humanitarian crises

Program Service Accomplishments

Program 1

Expenses: $3,529 Revenue: $0

EMERGENCY MEDICAL SUPPLIES FOR REFUGEE CAMPS, PUBLIC CLINICS, AND HOSPITALS: MYANMAR DEVELOPMENT FOUNDATION SHIPPED MEDICAL SUPPLIES TO THE REFUGEE CAMPS IN MYANMAR. MYANMDAR DEVELOPMENT FOUNDATION COLLABORATED WITH VARIOUS MEDICAL TEAMS FROM THE REGION TO MITIGATE THE OVERWHELMING HEALTHCARE CRISIS AND SAVED THE LIVES OF COVID PATIENTS. BECUASE OF MEDICINES, FOODS, MULTIVITAMINES, WATER, SHELTERS, AND OTHER SUPPLIES TO EASE HUMANITARIAN CRISIS IN MYANMAR. THE VOLUNTEER TEAM ON THE GROUND COOKES AND PROVIDED MEALS AND FOODS FOR THE HUNDREDS OF INTERNAL DISPLACED PEOPLE WHO FLED FROM THEIR HOME BECAUSE BURMA ARMY ATTACKED THEIR VILLAGES IN KACHIN AND KAYAH STATES OF MYANMAR.

Program 2

Expenses: $1,865 Revenue: $0

CREATED A SUSTAINABLE DEVELOPMENT MODEL TO HELP WOMEN AND MINORITIES: BECAUSE OF THE ECONOMY COLLAPSE AND JOB LOST, WOMEN AND MINORITIES IN MYANMAR ARE STRUGGLING UNABLE TO SUPPORT THEMSELVES. WE...

CREATED A SUSTAINABLE DEVELOPMENT MODEL TO HELP WOMEN AND MINORITIES: BECAUSE OF THE ECONOMY COLLAPSE AND JOB LOST, WOMEN AND MINORITIES IN MYANMAR ARE STRUGGLING UNABLE TO SUPPORT THEMSELVES. WE STARTED WITH A SMALL PROJECT BY HELPING LOCAL FARMERS TO ABLE TO SELL LOCALLY GROWN PRODUCES BACK TO THE COMMUNITY. WE ENCOURAGE LOCAL ARTISANS, FARMERS TO CREATE HANDMADE PRODUCTS. WE HELP THEM PROMOTING THEIR PRODUCTS IN UNITED STATES THROUGHT SOCIAL MEDIA, WEB SITE HTTPS://SHOP.MYANMARDF.ORG/, AND COMMUNITY FAIRS.

Program 3

Expenses: $1,191 Revenue: $0

EDUCATIONAL PROJECTS: MYANMAR DEVELOPMENT FOUNDATION SENT EDUCATIONAL MATERIALS AND EQUIPMENTS FOR CHILDREN AND YOUTHS IN MYANMAR. WHILE STUDENTS IN SCHOOLS AND UNIVERSITIES FROM MYANMAR WERE UNABLE TO ATTEND THE CLASSES DUE TO MILITARY COUP, MYANMAR DEVELOPMENT FOUNDATION LAUNCHED AN ONLINE LEARNING WEB SITE HTTPS://ELEARNING.MYANMARDF.ORG/ TO PROVIDE KNOWLEDGE TRAINING AND PROPER EDUCATIONAL GUIDANCE. ONLINE VOCATIONAL TRAINING PROGRAM IS PROVIDING ESSENTIAL KNOWLEDGE AND CAREER PATH FOR THOSE WHO ARE IN MYANMAR AND IMMIGRANTS IN OVERSEA COUNTRIES AS A WHOLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,976

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,976

Expense Breakdown

Grants Paid $3,393

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,978

Other Expenses $6,802

TOTAL EXPENSES $10,195

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,976	$47,231	-0.8%
Expenses	$10,195	$70,909	-0.9%
Net Income	$-1,219	$-23,678	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER THANT	PRESIDENT	0.5	Officer	$0	$0	$0
KHIN PADAUK WIN	SECRETARY/TREASURER	0	Officer	$0	$0	$0
AYE AYE KHINE	CFO	0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$8,976	$10,195	$2,452	$-1,219
2023	$47,231	$70,909	$3,671	$-23,678
2022	$323,550	$296,201	$27,349	$27,349